Page 18 - Shrimi Choudhary/workspace/business Standard Web/@shrimichoudhary

GoM on online gaming, casinos: No consensus yet on 28% GST on gross revenue

GGR is the total amount collected by casinos and online gaming companies before shelling out the money to the winners

To improve surveillance, airlines asked to share PNR details with Customs

National Customs Targeting Centre-Passenger has been established by CBIC to process PNR info for risk analysis of passengers

Tax conundrum: FPIs uneasy after 18% GST on regulatory services

Set to approach Sebi, finance ministry for clarification

Setting up GSTAT: GoM may pitch for easing eligibility for states' officers

States learnt to be at loggerheads with Centre as they seek equal representation

Instant app-based loan case: Nine crypto exchanges under ED scanner

Rs 64.67-crore bank accounts of WazirX frozen under PMLA after search ops

Over Rs 2,000-cr M&As may come under Competition Commission's purview

Amendments likely in 20-year-old Competition law

Faceless assessment: Fresh SOPs issued to address taxpayers' conflicts

The faceless centre, constituted by the Central Board of Direct Taxes, is the nodal authority and works as an interface for the faceless regime

CBIC clarifies on GST to be levied on EVs, mangoes, cattle feed

CBIC also address issues around liquidated damages, penalty on cheque bouncing etc

Rs 94,800-cr gains from windfall tax an overestimation: Govt sources

At July 1 rates, revenue gains would be less than Rs 48,000 crore if impact on corporation tax is taken into account

GST e-invoicing must for entities with Rs 10 cr turnover from Oct 1

Presently, the process is mandatory for businesses with an annual turnover of Rs 20 cr and above

I-T dept likely to make PAN mandatory for cryptocurrency investors

I-T dept plans to seek statement of transactions from crypto exchanges

Govt cuts windfall tax on fuel export, raises levy on domestic crude oil

Centre lowers export tax on diesel and ATF; new rates to be effective from Aug 3

GST collection jumps 28% YoY in July to second highest ever at Rs 1.49 trn

Collection remains above Rs 1.4 trn for fifth straight month

Levy on fuel exports slashed; govt exempts SEZs from windfall tax

Move to benefit RIL, ONGC and Oil India, say analysts

No GST on food items when sold loose, clarifies FM Nirmala Sitharaman

The clarification came amid protests and widespread criticism by Opposition Members of Parliament over foisting GST on daily-use essentials and subsequent price rise

NSE colo case: ED arrests former Mumbai top cop Sanjay Pandey

He was taken into custody following several hours of questioning by the federal agency on Monday and Tuesday in the matter

NSE colo case: CBI books Sebi, NSE officials for defrauding exchange

Claims iSec did not have expertise to audit the brokers, exchange

Broader crude oil price trend likely to force review of windfall tax

A windfall tax is a one-off tax levied on companies deemed to have made unreasonably high profits, normally due to unusually favourable market factors

Chinese mobile maker Oppo India evaded customs duty worth Rs 4,389 cr: DRI

During the investigation, searches were conducted by DRI at the office premises of Oppo India and residences of its key management employees

India's crypto exchanges flouted KYC, money laundering norms: ED

The latest findings by the federal agency have come to light during its ongoing probe into forex violation by at least 11 crypto exchanges